Category: Credits & Deductions
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Connecticut renters 65 and older have until September 30 to claim up to $900
Connecticut’s Office of Policy and Management uses a sentence on its renters’ rebate page that most benefit programs go out of their way to avoid: “There are no extensions permitted.” That is not a note about processing times or a caution about missing paperwork. It is the state saying that when the filing window shuts,…
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Utah homeowners 67 and older can claim up to $1,412 by September 1
Most property tax breaks pay the same amount to everyone who qualifies. Utah’s circuit breaker does not. The benefit is read off a bracket table, so the credit a household receives is decided entirely by where last year’s income landed, and the distance between the top bracket and the bottom one is the distance between…
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If your employer leaves overtime out of one W-2 box, you cannot claim the $12,500 deduction
A worker who logged overtime in 2025 could reconstruct the number without any help from the payroll department. Pay stubs, a calendar and a little arithmetic were enough, and the figure went on the tax return whether or not it showed up anywhere on the W-2. That option is gone for 2026. The number now…
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Maryland renters 60 and older can claim up to $1,000 by October 1
Maryland renters who are 60 or older, and renters of any age who are 100% disabled, can apply this year for a state payment worth as much as $1,000. It is not a discount buried in a tax bill: the Renters’ Tax Credit arrives as a direct check from the State of Maryland. The catch…
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The dependent care FSA limit rises from $5,000 to $7,500 in 2026
Sometime this fall, a benefits portal will ask working families a deceptively small question: how much of next year’s pay should be set aside, before taxes, for the care that makes working possible? For years the ceiling on that answer barely moved; for 2026, it jumped by half. The account is the dependent care flexible…
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After-school care may earn a tax credit even when private kindergarten tuition does not
A single school bill can contain two tax treatments. Charges for before- or after-school supervision may qualify for the child and dependent care credit when the care lets a parent work or look for work, while private kindergarten tuition is treated as education and does not qualify. Separating the invoice can preserve an eligible care…
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The 2026 standard deduction is $16,100 for singles and $32,200 for joint filers
The basic federal standard deduction for tax year 2026 is $16,100 for a single filer and $32,200 for a married couple filing jointly. Heads of household receive $24,150, while married people filing separately use $16,100. These amounts reduce taxable income; they are not dollar-for-dollar tax savings and do not guarantee a refund. The filing status…
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Older Utah renters can claim up to $1,412 by December 31
Rent does not appear on a property-tax bill, but part of it supports the property costs built into a landlord’s price. Utah’s renter credit recognizes that burden for a narrow group of older or surviving-spouse households, with a benefit of as much as $1,412. The 2025 credit remains claimable through December 31, giving eligible residents…
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Utah homeowners can seek up to $1,412 in property-tax relief by September 1
A September deadline can determine whether an eligible Utah homeowner gets meaningful relief from the year’s property-tax bill. The state’s current homeowner circuit-breaker rules allow an abatement of as much as $1,412, with an additional credit tied to the tax on 20% of the home’s fair-market value. The application goes to the county, and the…
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Pennsylvania’s new worker tax credit delivered $217 million, and 64,000 people could still benefit
Pennsylvania’s first filing season with its Working Pennsylvanians Tax Credit moved a substantial amount of money into household budgets. The state reports nearly $217 million delivered to more than 876,000 residents, while estimating that about 64,000 additional people may still benefit as 2025 returns continue to arrive and move through processing. The remaining opportunity depends…
